On the 6th Day of Christmas, my true-self gave to me:
Six Geese A’laying – Are you waiting for your geese to start laying?
In my experience, there is no magic goose that lays golden eggs. The real goose is your ability to manage money. During these times of giving, many people are oblivious to the delayed sense of dread that comes with the debt that was incurred through their shopping over the last 2 months.
The goose is called, “A Financial Freedom Account“. This is a fund that you contribute to at least weekly if not daily. The money that is collected, is then invested to work for you. It is never spent on consumables. If there is no way that the funds can grow from the purchase, it should not be touched. The Financial Freedom account (FFA) is your NEST EGG! It is meant to provide the security of having funds when you no longer have a growing income from other sources. This is usually associated with retirement.
Therefore, set aside a JAR or a special saving account that is labeled, FFA. Then set aside 10% of your earnings to be deposited into it weekly or daily. For example, if you have both a JAR and an account, then you can put your spare change into it every day, and when the jar fills, you can deposit into the account. This would be in addition to the 10% that you deposit from your weekly earnings.
Now when you have enough to invest in the vehicle of your choice, you can now use that money to make more money. That is the true definition of an investor.
“Poor people work hard for their money, Rich people make money work hard for them”.
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